Property profile

2631 Columbia St Milledgeville, GA 31061

OFF-MARKET
Motels
Property ID
US22-2057477
25,129 SF 7.39 ac lot Built 1989
Entity Owned 4-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

The offering consists of two separate outparcels with areas of approximately 1.8 acres and 1.35 acres. Both parcels are pad-ready and have level topography. The properties are zoned Community Commercial, with utilities available to the sites. The zoning and site characteristics support commercial development use cases such as retail, office, or restaurant development.

Property profile

Verified
Property type Motels
Use group MOTEL
Year built 1989
Construction STEEL FRAME
Total area 25,129 SF
Lot 7.39 ac (321,908 SF)
Zoning code COMMERCIAL
APN 067 008
UPID US22-2057477

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Electric Vehicle Charging Station
  • Auto Repair Shop
  • Auto Parts Store
  • Car Dealership
  • Car Dealership

Location

2631 Columbia St Milledgeville, GA 31061-7727
Milledgeville metro Census 970302 MILLEDGEVILLE, GA MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$5.70M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$7.09M

Owner & transaction history

since 2022
Last sale
$6.3M
4 recorded transactions
2022
$6.3M
2021
Price N/A
2017
Price N/A
2007
Price N/A

Zoning & alternative use

COMMERCIAL · Milledgeville, GA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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